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STEARNS COMPANY
Once home to hundreds, Kentucky town was abandoned in 1962. Decades later, its residents' voices still echo from 'ghost' buildingsBlue Heron, Kentucky, once a bustling coal mining town, now stands as a silent monument. The Stearns Coal and Lumber Company operated mines...
Quote of the day by Jamie Dimon: “And if you’re going to be a leader, you know what I ask myself? Would I want to work for...” — Inspiring life lessons on leadership, trust, accountability, character, decision-making, and why the best leaders earn confidence before they demand it by the legendary American banker and CEO of JPMorgan ChaseToday's Quote of the Day by Jamie Dimon: Jamie Dimon's quote about leadership deconstructs managerial capability into four distinct human d...
- Bear Stearns still hot topic as Bernanke denies 'bailout'
The US Congress Thursday steps up scrutiny of the government role in the rescue of Bear Stearns, even as Fed chairman Ben Bernanke argued t...
- US Fed approves JPMorgan's 'emergency' bid for Bear Stearns
US Federal Reserve has approved JPMorgan Chase's proposed takeover of Bear Stearns, two weeks after it was announced, explaining the except...
- Fed treads uncharted territory in Bear bailout
The Federal Reserve further expanded its role as a backstop to Wall Street dealers, setting up a new company to manage and sell $30 billion...
- At $10/share, JPMorgan's Bear hug gets a lot tighter
JPMorgan Chase raised its all-stock offer for Bear Stearns to about $10 a share in a move to appease disgruntled shareholders. Experts' vie...
- JPMorgan to raise offer for Bear Stearns
JPMorgan Chase & Co is in talks to increase its offer for Bear Stearns Cos to $10 per share in an effort to pacify angry shareholders of Be...
- Polaris could be hit by Bear Stearns sale
Market sources said Bear Stearns is the second-largest client for Polaris in terms of revenue. But this could not be confirmed independentl...
- Satyam's deal with Bear Stearns faces uncertain future
Market sources said Satyam may take only a marginal financial hit if the contract were to go away, as it accounts for less than 0.5% the co...
- After Bear Stearns rescue, who's next?
Bear Stearns was the most exposed to risky bets on the loans; it is now the first major bank to be undone by that market's collapse. In pic...
- Bear Stearns tie-up uncertain: CITIC
China's CITIC Securities said Monday plans for an alliance with Bear Stearns were uncertain after the announcement that the troubled US ban...
- Bear Stearns bailed out by Fed, JPMorgan
The Fed responded swiftly to pleas from Bear Stearns that its coffers had "significantly deteriorated" within a 24-hour period. How to pick...
- Citic seeks more stake in Bear Stearns after stock slide
Citic Securities, China's top brokerage by assets, is back in talks to get a bigger stake in Bear Stearns as the Wall Street bank's shares ...
- Cayne out as Bear Stearns CEO
Bear Stearns Cos said on Tuesday that Chief Executive James "Jimmy" Cayne will give up control of the fifth-largest US investment bank amid...
- Bear Stearns' Cayne gives up CEO position
Bear Stearns Cos. Chief Executive James ``Jimmy'' Cayne will give up day-to-day control of the fifth-largest US investment bank amid unprec...
- China CITIC Bank denies bid for US' Bear Stearns
China CITIC Bank said it is not in any talks to buy into troubled US investment bank Bear Stearns and currently has no plan for such a stak...
- China Citic Group likely to bid for Bear Stearns stake
China Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
- Joseph Lewis buys 7% in Bear Stearns
Joseph Lewis, the British-born, Bahamas-based currency trader who has amassed holdings in companies including auctioneer Christie’s Interna...
- Bear Stearns cuts jobs
Bear Stearns moved to cut jobs at two home-lending units because of the housing slump.
- Bear Stearns enters India
US financial services major Bear Stearns is entering India by acquiring US automaker Ford’s financial arm Ford Automotive Finance Company.